Don't wait! This 2 bedroom, 2 bathroom Kings Point Somerset III condo is move-in ready and maintenance-free. The location is ideal on a quiet street, only a short distance from the Nantucket pool, North Clubhouse, and South Club. The openness and natural light from the large windows greet you as you enter. The generous sized living room is perfect for entertaining and is open to the spacious kitchen featuring ample countertop space, wooden cabinetry, and tiled backsplash. The spacious primary bedroom can sleep a king size bed plus extra room for other furnishings, and features a walk-in closet plus an ensuite bathroom with a standalone shower and porcelain tile shower walls. The spacious multipurpose room can also function as a dining room, office, or den. Other major updates include a brand NEW HVAC, newer electrical panel, newer windows, a Culligan water filtration system, and LVP flooring. The Lancaster I association has meticulously maintained the mature landscaping giving the home a warm entrance. Enjoy the active resort-lifestyle of Kings Point in Sun City Center with its two gated entrances, beautiful North and South clubhouses, multiple indoor and outdoor pools, café dining with full service bar, an 850-seat Veterans Theater, fitness centers, pickleball, golfing, tennis, billiards, golf, over 200 social clubs, and much more. Be as active as you'd like all year long. Kings Point is a premier, planned retirement community located just a short drive from the award-winning Gulf Coast beaches, convenient to Tampa, St Pete, and Sarasota, cruise ports, fine dining, shopping, and hospitals. Lawn care, water, sewer, pest control, standard internet, basic cable, exterior grounds maintenance, exterior insurance and use of amenities are included in the monthly dues. Truly maintenance free!
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $175,920 | $175,920 | $175,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $139 | $139 | $139 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,170 | $1,169 | $1,484 |
Total Monthly Payment | $1,384 | $1,383 | $1,698 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.